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Daily Pivots: (S1) 0.8042; (P) 0.8085; (R1) 0.8107; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, break of 0.8020 will revive that case that the corrective pattern from 0.7871 has completed, and target a retest on 0.7871 low. On the upside, firm break of 0.8710 will resume the corrective from […]

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27/03/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2858; (P) 1.2905; (R1) 1.2935; More… GBP/USD rebounded notably today but stays in range below 1.3013 short term top. Intraday bias remains neutral first. Corrective fall from 1.3013 could still extend lower to channel support (now at 1.2806). But downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at 1.2721 […]
07/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.12; (P) 153.57; (R1) 154.34; More… No change in USD/JPY’s outlook and intraday bias stays neutral. On the upside, firm break of 55 4H EMA (now at 154.81) will bring stronger rebound towards 157.98 resistance. On the downside, below 151.86 will resume the fall from 160.20. But strong support should be seen […]
29/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8828; (R1) 0.8851; More… Intraday bias in USD/CHF remains neutral for the moment. Further rally is still in favor as long as 0.8800 support holds. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm […]